Problem 6-3: The Kissagram Corporation The Kissagram Corporation produced the following summary of its Accounts Receivable on October 31, 2021: Total $ Notes 7500 Customer Aniston Cox Kudrow Leblanc 18000 25% over 30-60 days; Remainder 90. 100% > 90 days outstanding. 14000 9000 Required 1. Prepare an aged schedule of Accounts Receivable. Use the following categories: 90 days (delinquent). 2. Compute the balance for the Allowance for Doubtful accounts (rounded to the nearest $). Assume bad debt percentages for each category of 0.5%, 5%, 10% and 20%. Upon completion, enter the following data here: Allowance for Doubtful Accounts submit em 6-4: The Northrock Corporation The Northrock Corporation produced the following summary of its historical experience of write offs of Accounts Receivable (A/R) on October 31, 2021 Year A/R at Year end 12000 Uncollectible and written off in subsequent years 600 2018 2019 14000 1400 2020 16000 800 2021 4000 200 Required 1. Calculate the percentage loss on Accounts Receivable for the period 2018 to 2021 by calculating total write offs over the period as a % of total A/R. Round your calculation to two decimal places. 2. Compute the balance for the Allowance for Doubtful accounts (rounded to the nearest s) on October 31, 2021 if Accounts Receivable on that date were 12000. Apply the % ending A/R method using the percentage calculated in part 1 3. Scenario A: On October 31, 2021 the unadjusted Allowance for Doubtful Accounts was 120 credit. Prepare an adjusting entry to obtain the amount that you calculated in part 2 4. Scenario B: On October 31, 2021 the unadjusted Allowance for Doubtful Accounts was 1500 credit. Prepare an adjusting entry to obtain the amount that you calculated in part 2. 5. Scenario C: On October 31, 2021 the unadjusted Allowance for Doubtful Accounts was 1500 dedit. Prepare an adjusting entry to obtain the amount that you calculated in part 2. Upon completion, enter the following data here (enter a credit to bad debt expense as negative) Percent losses (round to nearest integer) Balance for Allow. Doubtful 2019 14000 1400 16000 800 2020 2021 4000 200 Required 1. Calculate the percentage loss on Accounts Receivable for the period 2018 to 2021 by calcular og total write offs over the period as a % of total AR Round your calculation to two decimal places. 2. Compute the balance for the Allowance for Doubtful accounts (rounded to the nearest $) on October 31, 2021 if Accounts Receivable on that date were 12000. Apply the % ending A/R method using the percentage calculated in part 1. 3. Scenario A: On October 31, 2021 the unadjusted Allowance for Doubtful Accounts was 120 credit. Prepare an adjusting entry to obtain the amount that you calculated in part 2 4. Scenario B: On October 31, 2021 the unadjusted Allowance for Doubtful Accounts was 1500 credit . Prepare an adjusting entry to obtain the amount that you calculated in part 2. 5. Scenario C: On October 31, 2021 the unadjusted Allowance for Doubtful Accounts was 1500 debit. Prepare an adjusting entry to obtain the amount that you calculated in part 2. Upon completion enter the following data here center a credit to bad debt expense as negative): Percent losses (round to nearest integer) Balance for Allow. Doubtful Bad Debt Expense (Case 1). Bad Debt Expense (Case 2) Bad Deot Expense (Case 3) submit